AirCar, Shark Tank Pitch & Reported Availability (Season 6)

From the show

The Shark Tank pitch

$5M
Asked for: 50%
Offered equity: $10M
Sought valuation: $5M
On-air deal amount: 50%
Deal equity: $10M
Implied equity valuation

Ethan Tucker and Pat Boone presented AirCar in Season 6, Episode 27. The episode aired May 1, 2015. The business was listed in New Paltz, NY.

The ask was $5,000,000 for 50% of the company, an implied valuation of $10M.

A May 4, 2015 Environment News Service report described Robert Herjavec’s proposed $5,000,000 agreement for 50% equity, conditional on securing nationwide manufacturing and sales rights for the AIRPod. These are reported terms; completed funding has not been established.

Environment News Service, May 4, 2015: reported conditional offer

The index records 66 accepted on-air deals among 116 Season 6 pitches. Across 12 travel pitches with known outcomes in the index, 42% are recorded as accepted deals.

Robert Herjavec$5M

Frequently asked questions

Where can I buy AirCar?

We have not verified a current seller for the compressed-air vehicle. The former seller domain now shows unrelated content.

Did AirCar get a deal on Shark Tank?

A May 4, 2015 Environment News Service report described Robert Herjavec’s proposed $5,000,000 agreement for 50% equity, conditional on securing nationwide manufacturing and sales rights for the AIRPod. These are reported terms; completed funding has not been established.

Which shark made an on-air offer to AirCar?

Robert Herjavec was named in the conditional proposal for AirCar. The deal answer above gives the recorded structure.

What season of Shark Tank was AirCar on?

AirCar appeared in Season 6, Episode 27, which aired May 1, 2015.

How much was AirCar asking for on Shark Tank?

The founders asked for $5,000,000 for 50% of the company, a $10M valuation.

Shark Tank Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired; terms sometimes change after the show.